Moroccan fintech startup Talaty, which is reshaping the financing landscape for small and medium-sized businesses (SMBs) with its innovative AI-driven solutions, has raised an undisclosed amount of funding to scale its operations both domestically and internationally.
Founded in 2022 by Soulaimane Lahrech, Simo Bernoussi, Ilyas Oudghiri, and Zakaria E., Talaty has emerged as a key player in the financial technology sector in North Africa. The company offers a state-of-the-art platform that enables financial institutions to provide instant lending solutions tailored to the needs of SMBs. Its approach integrates advanced artificial intelligence technologies with behavioral finance insights, resulting in a transformative impact on credit assessments. By leveraging these tools, Talaty claims to reduce operational costs and default rates by as much as 90%, delivering significant value to its clients.
Talaty’s latest funding round includes investments from Witamax and Renew Capital. The company will use these funds to bolster its presence in Morocco while laying the groundwork for an ambitious expansion into neighboring markets across Francophone Africa. The move aligns with the company’s vision of enhancing financial inclusion and empowering underserved communities by bridging the gap between traditional financial institutions and SMBs in need of accessible credit.
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In a statement highlighting the strategic importance of the investment, Hiba Mrani Alaoui, Managing Partner at Witamax, expressed enthusiasm about the partnership. “This investment marks a significant step in our shared mission to scale AI-driven financing solutions across Morocco and Francophone Africa. By empowering local businesses and driving financial inclusion, Talaty is addressing a critical need in the market. We’re thrilled to partner with Talaty and their visionary leaders—Soulaimane Lahrech, Simo Bernoussi, and the rest of their exceptional team—as they expand their platform and enhance access to credit for underserved SMBs.”
Furthermore, Talaty’s platform stands out for its seamless integration with existing financial systems, offering institutions a way to modernize their lending processes without the need for extensive infrastructure overhauls. Through its AI-driven approach, the company analyzes diverse datasets, enabling more accurate risk profiling and faster decision-making. This has made it an attractive partner for financial institutions seeking to improve efficiency and broaden their customer base.
Finally, as the demand for inclusive financial solutions continues to grow in Morocco and beyond, Talaty’s innovative approach positions it as a catalyst for change in the region’s financial ecosystem. With the support of its new investors, the company will accelerate its mission of transforming access to credit and driving sustainable growth for SMBs in Africa.
